I've had a lot of luck with investing in Montgomery and PG county(1 property is in CP which is cash flowing pretty well).

Also I live in the PG county area.Any advice would be welcomed! 

Then you move over to PG county you typically want to list high and work your way down, same goes for a lot of the outer suburbs, while the inner suburbs will be listed just $10-$20k low.

I’m looking in PG County of Maryland, close to DC so there is a lot of competition.

He has provided a 22 pg. with all the cost associated with building (though the flooring and lot were not included but is adding it and the total will still be the same as before $120K).

Site - https://www.facebook.com/pg/trlconstructiondesign/...I am a realtor so if you will like to see that home to see their work feel free to PM me your information.  

I would think PG county or Baltimore would have good opportunities for you and they are an easy drive. 

DC and PG county both offer the opportunity to make a return by improving the property 

If you are lucky enough to have a friend willing to back you financially then your deal would NEED to look like this:  1) The two of you start an LLC (ownership split is up to you two; really up to him as he has the cash)2) The LLC buys the property with 25% down in cash (no less than)3) Expect both players to PG the entire note (this means full credit pulls and financial disclosure)  4) Terms and rates determined by the lenderSorry but that's just how things are done.

Here is an overview of PG County residential zoning:http://www.mncppc.org/855/Residential-Zones